Get Approved at The Lowest Rate
Securing a down payment can be one of the biggest challenges on the path to homeownership. That’s why we’re thrilled to offer a comprehensive Down Payment Assistance (DPA) program in Rocksprings, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Rocksprings, TX provides a financial boost to eligible homebuyers in Rocksprings, TX, making it easier to cover the upfront costs of purchasing a home. This assistance is available in the form of a forgivable grant, which means you don’t have to repay it under certain conditions.
Our DPA program is available in most states across the U.S., excluding Washington state. This extensive reach ensures that many aspiring homeowners in Rocksprings, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Rocksprings, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Rocksprings, TX, which can be used for closing costs. This flexibility allows for a more manageable and less stressful home-buying experience.
Enjoy the freedom of homeownership in Rocksprings, TX without any resale restrictions. You can sell your home whenever you choose without worrying about penalties or limitations.
To qualify for our FHA Down Payment Assistance program, you need to meet the following criteria:
A FICO score of 580 qualifies you for Approve/Eligible status in Rocksprings, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Rocksprings, TX.
If you’re still working, you must either be retired or actively volunteer in your community.
We are committed to guiding you through every step of the home-buying process in Rocksprings, TX. Our experienced team will work closely with you to explore your options, ensuring you make informed decisions that suit your financial situation and homeownership goals.
Don’t let the down payment be a barrier to your dream home. Contact Horizon Lending Services today to learn more about our FHA Down Payment Assistance program in Rocksprings, TX and take the first step towards owning your home. Our dedicated professionals are here to help you navigate the complexities of home buying with confidence and ease.
Let Horizon Lending Services be your trusted partner in turning your homeownership dreams into reality.
FHA Down Payment Assistance Loans offer benefits such as low down payment requirements, making homeownership more accessible for first-time buyers or those with limited funds. These loans also provide competitive interest rates and are government-backed, offering financial security for lenders. **Demographics:** Rocksprings, Texas has a population of around 1,100 residents with a median age of 39 years. The town has a rural feel and is a tight-knit community. The majority of residents own their homes, reflecting a stable housing market. **Housing Market:** The housing market in Rocksprings is characterized by affordable home prices compared to larger cities in Texas. The availability of FHA Down Payment Assistance Loans can further boost the market by encouraging more buyers and stabilizing property values in the area. **Main Attractions:** Rocksprings is known for its outdoor recreational activities, including hunting, fishing, and hiking in the picturesque Texas Hill Country. The town also boasts historical sites like the Edwards County Courthouse and local shops and restaurants that add to its charm.
Benefits of FHA Down Payment Assistance Home Loan in Rocksprings, Texas
